Abita Field (20% WI)

Abita Field (20% WI)

Abita Field (20% WI)

  • The well is presently producing from the 15 Sands at a rate of 990 mcfgd and 10 bopd.
  • Remaining reserves at 31 December 2016 were 550 MMCF.
  • 20% WI (15% after project payout), 75% NRI.
  • Potential for an additional lower sand of 400,000 – 600,000 bbls oil.
  • Potential field extension into northeast untested fault block.